Markets
According to Abokifx, the Naira appreciated against the dollar to close at N478/$1 on Wednesday.
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Forex traders said the fall is because of the sustained scarcity of the dollar.
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According to Abokifx, the Naira appreciated against the dollar to close at N478/$1 on Wednesday.
The naira, which had previously exchanged at N500/$, strengthened after the Central Bank of Nigeria (CBN) relaxed the rules on foreign remittances and domiciliary...
Data retrieved reveals a significant amount of Nigerians use Bitcoin for peer to peer lending for their payments.
US Dollar stands at ₦480/US$1 in the parallel market
The naira depreciated marginally against the dollar, closing at N461/$1 at the parallel market on Tuesday.